Tax

Adding to the growing list of warnings of the negative impacts of Labor’s Big Housing Sledgehammer, Master Builders ACT yesterday raised concerns Labor’s Housing Tax would result in a hit to the housing industry n the ACT. Data commissioned by Master Builders ACT found the impact of Labor’s sledgehammer to the housing industry in the Territory would result in: 680 …

Labor has finally revealed when their economy wrecking housing taxes will start – confirming that Labor simply doesn’t care about the impact their housing taxes will have on Australians or countless experts warning about the disastrous impact they will have on the economy. This comes just over a week after SQM Research confirmed that Labor’s housing taxes could increase rents …

Bill Shorten and Labor’s Housing Tax policies may cause our thriving economy to trip into a recession, experts have warned. Analysis released yesterday by SQM Research projected that, should Labor implement their risky Housing Tax policy, already falling house prices could tumble by up to a further 7 per cent in the first year from Labor’s negative gearing and capital …

Liberal Senator for the ACT, Zed Seselja, said the Liberal-National Government will introduce legislation in the next sitting week to lock in reforms to the GST distribution system that will see the ACT $46 million better off. “This is $46 million in additional funds the Territory can invest in roads, schools, and hospitals,” Senator Seselja said. “As a priority, we …

Bill Shorten and Labor’s policy to abolish negative gearing will take a sledgehammer to house prices and increase rents. Time and again they refuse to come clean on the impact. Economic spokesperson Andrew Leigh is the latest Labor frontbencher who refused to say how much their policy will send house prices plummeting. When pressed, Mr Leigh fell to pieces on 3AW yesterday, …

The Coalition Government has delivered income tax relief for all Australian workers. In passing our Personal Income Tax plan through the Parliament, the Government has ensured all Australians paying tax will be better off. They will be paying less tax, and will be rewarded for their hard work, both now and into the future. “Taxes in Australia will now be …

The ACT is a big winner in tonight’s budget, with record investment from the Coalition Government in our hospitals and schools, a huge boost for our roads, as well as tax relief for ACT families. “Under the Coalition Government’s economic plan record jobs are being created, investment is rising and the budget is strengthening. This means that we can guarantee …